November Saw 10% Increase in Property Prices

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November Saw 10% Increase in Property Prices

In October, the number of properties transfers registered in the property registries reached 231,209. This was 37.7% more than in the same month of 2023, according to figures from the INE. In the case of registered property sales, the number of transfers was 130,575, showing annual growth of 47.9%. 87.7% of the registered property sales Continue Reading

House Prices Continued to Rise in May

The price of second-hand housing in Spain increased by 1.1% in May, when compared to April, while the annual increase was 7.7%. This brings the average cost per square metre to €2,294 p/m². Although prices continue to rise significantly, the annual increase is 2.5% points lower than the annual increase of 10.2% seen in May. Continue Reading

Sale and Rental Prices Increase in April

Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading

Increase in New Build Property Sales in January

The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading

Demand is Pushing Up Housing Prices

The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading

Property Sales Slow Again in September

The total number of properties transferred in the property registers in Spain during the month of September was 153,247. This is 13.2% less than in the same month of 2022, according to data from the INE. In the case of property sales, the number was 82,778. This represents a decrease of 20.1% when compared to Continue Reading

Home Sales in Spain Down in August

Property transfers in Spain saw a 7.3% fall in August, when compared to the same month of the previous year. The total number of properties transferred in the public registry was 166,982. For the number of sales of properties, the number was 93,917, which is 11.5% higher than in August 2022. Of those sales, 88.3% Continue Reading

Spanish Home Sales Down 10% in July

The total number of transferred properties registered in the property registries in July was 170,109 This shows a fall of 4.7%, when compared to the same month of 2022. In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the Continue Reading

Price of Housing Up 9.7% in July

The price of second-hand housing in Spain increased by 0.2% in July, when compared to the previous month. When compared to the same month in 2022, the increase is 9.7%. This brings the average cost per square metre to €2,150 p/m². Notably, this increase is the seventh consecutive increase of more than 9% so far Continue Reading